Word: costelloe
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...inviting New York's slick-haired Gambler Frank Costello to testify about gambling, the U.S. Senate had been strictly high class all the way: it had not only communicated with him in a manner befitting his station (i.e., through his attorney) , but had arranged to have cops at the airport to prevent any possible chance of his getting plugged on arrival. Last week, as he waited to keep his appointment, the "Prime Minister of the Underworld" was determined to be just as polite to the Senate...
...axiomatic that, "without control of 'wire services' or other related telegraph and telephone service, syndicated gambling would break down into local 'small business'" which could be dealt with by local police if the police were so inclined to act. Before a Senate Investigating Committee last week, magnate Frank Costello admitted that outlawing of the "wire service" would halve bookmaking business...
...Philadelphia, St. Louis, Chicago, and Pittsburgh. "There is also betting at ball parks in Detroit, Cleveland, and Boston, the difference here being that local syndicates control the gambling in these latter three cities. The betting in the rest of the leagues is largely dominated by the Frank Erickson-Frank Costello group and its associates...
TIME, the best edited of all weeklies, has the fatuity of a fat cat when it presumes to add critical appraisal of Senators to its legitimate and well-done job of reporting what they do. Frank Costello would have gone broke if he had not been able to pick winners better than TIME...
...more was said until last week. Then, Dev's Irish Press broke the news that the Russians had at long last repaid the loan and retrieved their jewels. Prime Minister John A. Costello explained that the Russian jewels had never been worth more than $5,600, but his government had collected the full $20,000. Thus closed the first, and probably the last, Soviet-Irish loan...